ICMarket

Forex News: Daily

Technical Analysis
03 September 2024
Tuesday 3rd September 2024: Technical Outlook and Review

DXY (US Dollar Index): Potential Direction: BullishOverall momentum of the chart:...

Technical Analysis
02 September 2024
Monday 2nd September 2024: Technical Outlook and Review

DXY (US Dollar Index): Potential Direction: BearishOverall momentum of the chart:...

Technical Analysis
29 August 2024
Thursday 29th August 2024: Technical Outlook and Review

Identified as a pullback support, suggesting a strong area where the price might find buying interest.

Technical Analysis
27 August 2024
Tuesday 27th August 2024: Technical Outlook and Review

Identified as a pullback resistance that aligns close to a 38.2% Fibonacci retracement, suggesting a potential area where selling pressures could intensify to resume the downtrend.

Technical Analysis
22 August 2024
Thursday 22nd August 2024: Technical Outlook and Review

Identified as swing low support, indicating a potential area where buyers could enter the market, leading to a bullish bounce.

Technical Analysis
21 August 2024
Wednesday 21st August 2024: Technical Outlook and Review

Supported by the 161.80% Fibonacci Extension, suggesting a potential reversal point where buying pressure could increase.

Technical Analysis
20 August 2024
Tuesday 20th August 2024: Technical Outlook and Review

Identified as an overlap support that aligns close to a 161.8% Fibonacci extension level, indicating a potential area where buying interests could pick up to stage a minor rebound.

Technical Analysis
19 August 2024
Monday 19th August 2024: Technical Outlook and Review

Identified as an overlap support, reinforced by the 78.60% Fibonacci Retracement and the 127.20% Fibonacci Extension, indicating a confluence of support that could encourage buying activity.

Technical Analysis
16 August 2024
Friday 16th August 2024: Technical Outlook and Review

Identified as swing low support, indicating a potential area where the price could find a strong base and push higher.